cross-collateralize

transitive verb
cross-collateralized; cross-collateralizing

Legal Definition of cross-collateralize

: to secure (a preexisting debt) with cross-collateral

Other Words from cross-collateralize

cross-collateralization noun

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Cite this Entry

“Cross-collateralize.” Merriam-Webster.com Legal Dictionary, Merriam-Webster, https://www.merriam-webster.com/legal/cross-collateralize. Accessed 10 Aug. 2020.

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